News

INSIDER TRADES (August 28, 1989)

Agnico-Eagle — Mentor Expl (amended, Feb.) holds 2,194,012. Altex — Pan West Res. sold 10,400 (July) @ $3.10 to hold 229,357. Atlantic Goldfields — Kash Inv. bought 692,300 (July, private) @ 57 cen…


Black Swan ends first drill phase at Tas bet

Vancouver-based Black Swan Gold Mines (VSE) has completed phase one of an exploration program designed to test for continuity of gold/copper mineralization in four high grade sulphide zones at the Tas…


Nevada mineral reports

The Nevada Bureau of Mines and Geology is issuing a new series of reports on the mineral and energy resources of the state. The reports contain 1:100,000-scale topographic maps containing information …


Crown Resources gains ground at Buckhorn

Denver-based Crown Resources (VSE) has made several recent property acquisitions near its Buckhorn Mountain project and Strawberry Lake property, four miles west of Buckhorn, in Okanogan Cty., Wash. W…


Sikaman Gold adds to Ghana interests

Recently adding to its gold interests in Ghana, West Africa, was Sikaman Gold Resources (TSE). The Toronto-based company reports the government of Ghana has assigned rights of the Abosso mine, a forme…



Inco extends gold zones at High River property

Inco Gold, a wholly-owned affiliate of Inco Ltd. (TSE) has completed a $6.5-million underground exploration program on the former producing Snow Lake gold mine near Snow Lake, Man. Held under option f…


Belmoral acquires claims at Gordon Lake

Belmoral Mines (TSE) has acquired 78,000 acres of claims near Gordon Lake, N.W.T., 110 km northeast of Yellowknife. Belmoral bought the claims from Central Capital Corp. for $225,000, 1,440,300 common…


Bay Resources buys into Foratek Int.

St. Genevieve Resources (TSE) and its subsidiary Bay Resources (ASE) have reached an agreement in principle for Bay to purchase 750,000 shares of Foratek International Ltd. (ME) for $600,000. Bay, whi…


Westfield on tract at Choquelimpie mine

Full commissioning of the Choquelimpie gold-silver mine in northern Chile has been achieved by partners Westfield Minerals (TSE) (35%), Shell Chile (42%) and Citibank N.A. (23%). By the end of the sec…


682 ft. 0.88 oz gold Calpine hole kickstarts VSE

Ongoing step-out drilling to test the northeastern strike extent of the 21 zone on the Eskay Creek property is continuing to return both spectacular and significant results. Located in the Unuk River …


Cassandra, Minnova drill Line property

A reverse circulation drill program is under way on the LINE claim property held under option by Minnova Inc. (TSE) from Cassandra Resources (VSE). The property is in Nevada. Minnova, which is conduct…


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